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Side-by-side financial comparison of Hyatt Hotels Corp (H) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
Hyatt Hotels Corp is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.6× NCR Atleos Corp). NCR Atleos Corp runs the higher net margin — 7.2% vs -1.1%, a 8.3% gap on every dollar of revenue. On growth, Hyatt Hotels Corp posted the faster year-over-year revenue change (11.7% vs 4.0%). Hyatt Hotels Corp produced more free cash flow last quarter ($236.0M vs $194.0M). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs 2.2%).
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
H vs NATL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.2B |
| Net Profit | $-20.0M | $83.0M |
| Gross Margin | — | — |
| Operating Margin | 0.4% | 13.5% |
| Net Margin | -1.1% | 7.2% |
| Revenue YoY | 11.7% | 4.0% |
| Net Profit YoY | 64.3% | 102.4% |
| EPS (diluted) | $-0.20 | $1.09 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $1.1B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.7B | $979.0M | ||
| Q4 24 | $1.6B | $1.1B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.7B | $1.1B | ||
| Q1 24 | $1.7B | $1.0B |
| Q4 25 | $-20.0M | $83.0M | ||
| Q3 25 | $-49.0M | $26.0M | ||
| Q2 25 | $-3.0M | $39.0M | ||
| Q1 25 | $20.0M | $14.0M | ||
| Q4 24 | $-56.0M | $41.0M | ||
| Q3 24 | $471.0M | $21.0M | ||
| Q2 24 | $359.0M | $27.0M | ||
| Q1 24 | $522.0M | $-9.0M |
| Q4 25 | 0.4% | 13.5% | ||
| Q3 25 | -1.0% | 9.8% | ||
| Q2 25 | 2.1% | 10.8% | ||
| Q1 25 | 3.0% | 9.5% | ||
| Q4 24 | -3.0% | 13.4% | ||
| Q3 24 | 37.3% | 10.6% | ||
| Q2 24 | 27.1% | 9.8% | ||
| Q1 24 | 31.6% | 6.5% |
| Q4 25 | -1.1% | 7.2% | ||
| Q3 25 | -2.7% | 2.3% | ||
| Q2 25 | -0.2% | 3.5% | ||
| Q1 25 | 1.2% | 1.4% | ||
| Q4 24 | -3.5% | 3.7% | ||
| Q3 24 | 28.9% | 2.0% | ||
| Q2 24 | 21.1% | 2.5% | ||
| Q1 24 | 30.5% | -0.9% |
| Q4 25 | $-0.20 | $1.09 | ||
| Q3 25 | $-0.51 | $0.34 | ||
| Q2 25 | $-0.03 | $0.52 | ||
| Q1 25 | $0.19 | $0.19 | ||
| Q4 24 | $-0.37 | $0.56 | ||
| Q3 24 | $4.63 | $0.28 | ||
| Q2 24 | $3.46 | $0.37 | ||
| Q1 24 | $4.93 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $813.0M | $456.0M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $3.3B | $403.0M |
| Total Assets | $14.0B | $5.7B |
| Debt / EquityLower = less leverage | — | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $813.0M | $456.0M | ||
| Q3 25 | $749.0M | $412.0M | ||
| Q2 25 | $912.0M | $357.0M | ||
| Q1 25 | $1.8B | $352.0M | ||
| Q4 24 | $1.4B | $419.0M | ||
| Q3 24 | $1.1B | $395.0M | ||
| Q2 24 | $2.0B | $374.0M | ||
| Q1 24 | $794.0M | $343.0M |
| Q4 25 | — | $2.7B | ||
| Q3 25 | $6.0B | $2.8B | ||
| Q2 25 | $6.0B | $2.8B | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $3.8B | $2.9B | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.1B | — |
| Q4 25 | $3.3B | $403.0M | ||
| Q3 25 | $3.5B | $330.0M | ||
| Q2 25 | $3.6B | $350.0M | ||
| Q1 25 | $3.5B | $275.0M | ||
| Q4 24 | $3.5B | $219.0M | ||
| Q3 24 | $3.7B | $264.0M | ||
| Q2 24 | $3.9B | $250.0M | ||
| Q1 24 | $3.7B | $283.0M |
| Q4 25 | $14.0B | $5.7B | ||
| Q3 25 | $15.7B | $5.7B | ||
| Q2 25 | $15.9B | $5.8B | ||
| Q1 25 | $14.0B | $5.7B | ||
| Q4 24 | $13.3B | $5.5B | ||
| Q3 24 | $11.9B | $5.7B | ||
| Q2 24 | $12.8B | $5.8B | ||
| Q1 24 | $11.7B | $5.8B |
| Q4 25 | — | 6.63× | ||
| Q3 25 | 1.73× | 8.45× | ||
| Q2 25 | 1.69× | 8.05× | ||
| Q1 25 | 1.25× | — | ||
| Q4 24 | 1.07× | 13.05× | ||
| Q3 24 | 0.85× | — | ||
| Q2 24 | 1.01× | — | ||
| Q1 24 | 0.84× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $313.0M | $231.0M |
| Free Cash FlowOCF − Capex | $236.0M | $194.0M |
| FCF MarginFCF / Revenue | 13.2% | 16.8% |
| Capex IntensityCapex / Revenue | 4.3% | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | $159.0M | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $313.0M | $231.0M | ||
| Q3 25 | $-20.0M | $25.0M | ||
| Q2 25 | $-67.0M | $-23.0M | ||
| Q1 25 | $153.0M | $123.0M | ||
| Q4 24 | $235.0M | $80.0M | ||
| Q3 24 | $-21.0M | $107.0M | ||
| Q2 24 | $177.0M | $9.0M | ||
| Q1 24 | $242.0M | $148.0M |
| Q4 25 | $236.0M | $194.0M | ||
| Q3 25 | $-89.0M | $-5.0M | ||
| Q2 25 | $-111.0M | $-44.0M | ||
| Q1 25 | $123.0M | $94.0M | ||
| Q4 24 | $184.0M | $62.0M | ||
| Q3 24 | $-64.0M | $85.0M | ||
| Q2 24 | $135.0M | $-14.0M | ||
| Q1 24 | $208.0M | $124.0M |
| Q4 25 | 13.2% | 16.8% | ||
| Q3 25 | -5.0% | -0.4% | ||
| Q2 25 | -6.1% | -4.0% | ||
| Q1 25 | 7.2% | 9.6% | ||
| Q4 24 | 11.5% | 5.6% | ||
| Q3 24 | -3.9% | 7.9% | ||
| Q2 24 | 7.9% | -1.3% | ||
| Q1 24 | 12.1% | 11.9% |
| Q4 25 | 4.3% | 3.2% | ||
| Q3 25 | 3.9% | 2.7% | ||
| Q2 25 | 2.4% | 1.9% | ||
| Q1 25 | 1.7% | 3.0% | ||
| Q4 24 | 3.2% | 1.6% | ||
| Q3 24 | 2.6% | 2.1% | ||
| Q2 24 | 2.5% | 2.1% | ||
| Q1 24 | 2.0% | 2.3% |
| Q4 25 | — | 2.78× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | -0.59× | ||
| Q1 25 | 7.65× | 8.79× | ||
| Q4 24 | — | 1.95× | ||
| Q3 24 | -0.04× | 5.10× | ||
| Q2 24 | 0.49× | 0.33× | ||
| Q1 24 | 0.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
